Europe

Crisis In Germany?

Victor Grossman
Portside
The impasse in forming a government in Germany has dragged on since election day, September 24th – often like a traffic gridlock, hardly moving forward. But Germany is Europe’s main central power – and with no proper government! Angela Merkel still acts as boss, the old ruling cabinet holds on as caretakers, but it’s all on borrowed time, with no legitimacy.

Retail Jobs Don’t Need to Be Bad. Here’s Proof.

Eduardo Porter
New York Times
Retail work does not have to pay poverty wages. New study compares work in Europe and the U.S. For all the power of market forces, from automation taking over routine tasks to globalization squeezing retailers’ margins, there is nothing inevitable about low-quality retail jobs. Social norms and political institutions can make them better, or worse.

A Modern Greek Tragedy Foretold

Bennet Baumer
The Indypendent
Greece's former finance minister under the radical Syriza government offers a revealing tell-all about modern capitalism through his battles over Greece’s debt with the “Troika”: the International Monetary Fund, the European Commission and the European Central Bank (ECB), and eventually with his own prime minister.

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